CLEVELAND, Ohio - The U.S. government is taking the final legal step to take ownership of $325,060 worth of cryptocurrency that was stolen in a scam that cost an elderly man and his sister from Bristolville over $1.6 million.
The federal prosecutor's office has asked a court for a Final Order of Forfeiture, which will officially give the government control of the stolen funds.
The money targeted in the legal action targets what’s known as Tether (USDT). Tether is a type of digital currency designed to keep a steady value, usually matching the U.S. dollar one-to-one. This stability makes it act like a digital dollar.
These digital funds were traced to an address on the public digital ledger, or decentralized record book, that keeps track of where all the cryptocurrency goes. Federal off

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